Saudi: Knowledge Net to commence trading on Nomu this week

Saudi traders work at the Saudi Investment Bank in Riyadh. STR New, Reuters
Reuters Images

The firm will list 20% of its share capital under the symbol 9561

Staff Writer, Mubasher

March 20, 2023

PHOTO
Saudi traders work at the Saudi Investment Bank in Riyadh. STR New, Reuters

Riyadh – Knowledge Net Company will start the trading of its shares on the Parallel Market (Nomu) of the Saudi Exchange (Tadawul) on Monday, 20 March.

The firm will list 20% of its share capital under the symbol 9561, according to a bourse disclosure.

Meanwhile, Tadawul highlighted that the daily and static price fluctuation limits will be +/- 30% and +/- 10%, respectively.

Last December, the Capital Market Authority (CMA) greenlighted Knowledge Net’s Nomu listing.

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